Business
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Paytm reports 3 pc decline in Q4 revenue at Rs 2,267 crore
New Delhi: Payment and financial services company Paytm on Wednesday reported 3 per cent decline in its revenue for the fourth quarter of FY24 to Rs 2,267 crore. The decline, said the…
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Snapchat strengthens senior leadership team in India
New Delhi: Social media platform Snapchat on Wednesday strengthened its leadership team in India, a country where it has reached over 200 million monthly active users. The company has hired key people…
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Paytm aims ‘leaner organisation structure’ after Rs 550 crore net loss in Q4
New Delhi: In order to achieve significant cost efficiencies through artificial intelligence (AI)-led capabilities, digital payments major Paytm is planning a “leaner organisation structure” and the “pruning of non-core businesses”, indicating there…
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Markets climb in early trade on firm global trends; buying in Reliance, ITC
Mumbai: Equity benchmark indices climbed in early trade on Wednesday in tandem with firm global market trends and buying in Reliance Industries and ITC. The 30-share BSE Sensex climbed 212.21 points to…
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IndiGo flight delayed after crew spots overbooked passenger standing at the back
Mumbai: In an unusual turn of events on Tuesday, an IndiGo flight operating from Mumbai to Varanasi was forced to return to the aerobridge at the Chhatrapati Shivaji Maharaj International Airport (CSMIA)…
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Started new batches at 240 tuition centres, says embattled edtech firm Byju’s
New Delhi: Embattled edtech company Byju’s said on Tuesday that it has started batches for the 2024-25 academic session at 240 out of its 296 tuition centres, as it struggles to pay…
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Clocked 1.6 times growth in grocery biz, over half deliveries via EVs: Flipkart
Bengaluru: As online grocery delivery market surges in the country, e-commerce platform Flipkart on Tuesday said it has clocked 1.6 times growth (year-on-year) in its grocery business, with more than half of…
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Vodafone Idea to raise Rs 2,075 crore via preferential share allotment to AB Group
Mumbai: Telecom operator Vodafone Idea (Vi) on Tuesday announced it will raise up to Rs 2,075 crore from Oriana Investments (Aditya Birla Group entity) via a preferential share issue. In a regulatory…
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BHEL Q4 net profit declines 25 pc at Rs 484 crore
New Delhi: Government-owned Bharat Heavy Electricals Limited (BHEL) on Tuesday reported a 25 per cent decline in net profit at Rs 484 crore for the January-March quarter of 2023-2024 compared to the…
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Drugmaker Sanofi partners OpenAI, Formation Bio on AI-powered drug development
New Delhi: French drugmaker Sanofi on Tuesday announced that it has partnered with artificial intelligence (AI) company OpenAI and tech-driven pharmaceutical firm Formation Bio to build AI-powered software to boost drug development…
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SpaceX may exceed 90 pc of all Earth payloads to orbit this year: Musk
New Delhi: Billionaire Elon Musk on Tuesday said that his space venture SpaceX is likely to exceed 90 per cent of all Earth’s payload to low-Earth orbit later this year. Musk said…
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AVPL International, IFFCO partner for drone spraying on farmland
New Delhi: Drone company AVPL International on Tuesday announced a collaboration with the Indian Farmers Fertilizer Cooperative Limited (IFFCO) to begin drone spray operations across an expansive 50 lakh acres, spanning eight…
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Largest ever-deal: Saudia places order for 105 Airbus planes
Riyadh: Saudi Arabia‘s national airline, Saudia Group, has placed an order for 105 Airbus planes, marking the largest aircraft deal in the history of the Kingdom’s aviation. The agreement was made on…
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Sensex slips 139 points on negative global cues
Mumbai: Indian frontline indices Sensex and Nifty opened in the red, following negative global cues from US and Asian peers. At 9:45 a.m., Sensex was trading 139 points or 0.19 per cent…
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Rupee rises 6 paise to 83.31 against US dollar in early trade
Mumbai: The rupee appreciated by 6 paise to 83.31 against the US dollar on Tuesday amid softening crude oil prices in the international market. Forex traders said, however, the local unit faced…
